WILHELMSEN SHIPS SERVICE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About WILHELMSEN SHIPS SERVICE A/S
WILHELMSEN SHIPS SERVICE A/S (CVR number: 30766016) is a company from TÅRNBY. The company reported a net sales of 35.1 mDKK in 2023, demonstrating a growth of 22.9 % compared to the previous year. The operating profit percentage was at 21.9 % (EBIT: 7.7 mDKK), while net earnings were 5532 kDKK. The profitability of the company measured by Return on Assets (ROA) was 75.4 %, which can be considered excellent and Return on Equity (ROE) was 66.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. WILHELMSEN SHIPS SERVICE A/S's liquidity measured by quick ratio was 3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 27.73 | 21.05 | 20.63 | 28.59 | 35.14 |
Gross profit | 14.61 | 11.43 | 12.24 | 15.48 | 19.56 |
EBIT | 6.02 | 3.98 | 4.52 | 5.87 | 7.70 |
Net earnings | 4.24 | 2.70 | 3.06 | 4.20 | 5.53 |
Shareholders equity total | 6.49 | 5.38 | 6.01 | 7.46 | 9.21 |
Balance sheet total (assets) | 8.73 | 6.81 | 7.19 | 9.00 | 11.69 |
Net debt | |||||
Profitability | |||||
EBIT-% | 21.7 % | 18.9 % | 21.9 % | 20.5 % | 21.9 % |
ROA | 82.0 % | 51.2 % | 64.6 % | 73.1 % | 75.4 % |
ROE | 78.7 % | 45.6 % | 53.8 % | 62.4 % | 66.4 % |
ROI | 110.8 % | 65.8 % | 78.4 % | 87.9 % | 93.7 % |
Economic value added (EVA) | 4.46 | 2.77 | 3.25 | 4.28 | 5.63 |
Solvency | |||||
Equity ratio | 74.4 % | 79.0 % | 83.6 % | 82.8 % | 78.7 % |
Gearing | |||||
Relative net indebtedness % | 8.1 % | 6.8 % | 5.7 % | 5.4 % | 7.1 % |
Liquidity | |||||
Quick ratio | 3.1 | 3.8 | 4.2 | 4.2 | 3.0 |
Current ratio | 4.0 | 5.3 | 6.0 | 5.8 | 4.7 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 23.1 % | 26.1 % | 29.0 % | 25.8 % | 26.0 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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